Posted by paul on January 08, 2016 at 05:44:35 from (70.197.201.178):
In Reply to: Re: I hate this day posted by Bob Harvey on January 07, 2016 at 21:13:12:
A couple years ago if we had a good year we could get $1000 of corn off an acre of corn.
Because farmers were able to make so much, the cost of fertilizer, rent, and machinery rose very quickly to 'take' most of that gross in me away.
Still, it was a profitable time for many for 4-5 years.
Grain prices rose so fast and high because of our poor economy in USA (China could buy our crops instead of South Americas, due to the low USA dollar value), and then there was a really really historically bad year of crop failures in a couple of the corn growing states, making corn - and wheat and soybeans - in a very tight supply.
Now, we and more so the rest of the world used those high prices to get better, farm more land, and produce record amounts of grain all around the globe. The USA dollar has also gotten stronger so it is harder to export our grains, and China is having some financial difficulty so they are not willing to pay much for the grain they need to import.
Pit all together, we are probably going to get about 1/2 for our grains this fall of what we got 3 years ago.
However, fertilizer has only dropped a small percent in value, machinery dealers are charging more for labor and parts, seed costs are the same, and town folks renting land want the same rent for their property.
It is not a fun year to crop farm.
I also notice grocery store and restaurant prices have not dropped a bit; they are still going up?
For a time A couple years ago I could sell my corn for over $7 a bushel.
Today it is worth $3.19 a bu.
Kinda like if your grocery bill went up a little, your mortgage payment stayed the same, but your salary was cut to 45%.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.